By ItalianCannon Key Points: Trading volume exploded by 220%, surpassing $1 billion in a matter of hours. The rally coincided with Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he signaled possible rate cuts in September. Despite strong momentum, technical indicators suggest PENGU remains in a corrective phase, trading within a defined channel. […]
Tag: Japan
By coinspy Key Points: The rise in ERC-20 stablecoin holdings on Binance suggests investors are not exiting but instead positioning for future opportunities. Japan is preparing regulatory reforms that could classify crypto as financial products, introducing a flat 20% tax and opening the door for crypto ETFs. Ripple, in collaboration with SBI VC, plans to […]
By Marco Piccolo Key highlights: Ripple and SBI Holdings plan to launch the RLUSD stablecoin in Japan by Q1 2026, with SBI VC Trade acting as the distributor. RLUSD, backed 1:1 by U.S. dollar reserves, is designed to meet regulatory standards and institutional compliance. The move reflects Japan’s evolving stablecoin regulations and SBI’s expanding role […]